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Chopra says he is ‘open to’ reviewing the LO comp rule
HousingWire via Yahoo Finance· 6 days agocommission compensation and innovation Rohit Chopra, director of the Consumer Financial Protection...
CFPB says buy now, pay later firms must comply with U.S. credit card laws
CNBC· 5 days agoRohit Chopra, director of the CFPB, testifies during a House Financial Services Committee hearing on...
Consumer agency: Buy-now, pay-later firms must offer refunds, provide other rights
United Press International via Yahoo Finance· 5 days agoA new Consumer Financial Protection Bureau rule interpretation issued Wednesday gives buy -now,...
CFPB Targeting ‘Lack of Competition’ in Credit Reporting, Credit Scores
PYMNTS.com· 6 days agoIn prepared remarks for a speech at a Mortgage Bankers Association conference, CFPB Director Rohit ...
Buy-now-pay-later will be regulated like credit cards under new Biden rule. Here’s what shoppers...
Market Watch· 4 days agoThe announcement “means that consumers should receive disclosures that lay out fees, pricing...
Fintech lender SoLo Funds is being sued by the government over its lending practices
TechCrunch· 7 days agoProtection Bureau (CFPB) is suing SoLo Funds, a fintech company that enables peer-to-peer lending,...
Consumer agency: Buy now, pay later companies must adhere to credit card standards
The Day· 4 days agoConsumer Financial Protection Bureau Director Rohit Chopra speaks from the South Court Auditorium on...
CFPB Director Targets Credit Reporting Fees
The National Law Review· 3 days agoThe CFPB is continuing its crusade against so called “junk fees,” and now is looking at crediting reporting fees. In a May 20 speech to the Mortgage Bankers Association, Director Rohit ...
CFPB Says BNPL Must Provide Consumer Protections Offered by Credit Cards
PYMNTS.com· 5 days ago“Regardless of whether a shopper swipes a credit card or uses buy now, pay later, they are entitled...
US consumer watchdog will apply credit card rules to buy now, pay later companies By Reuters
Investing.com· 5 days ago"Regardless of whether a shopper swipes a credit card or uses Buy Now, Pay Later, they are entitled...